Warner Bros. Discovery, Inc. - (WBD) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.06
- Estimate
- -$0.10
- Surprise
- +158.9%
- Revenue (period 2026-06-30)
- $8.72B
- Score today
- 3.5/10
Revenue source: xbrl.
How the report landed
Warner Bros. Discovery, Inc. - (WBD) beat the -$0.10 estimate with diluted EPS of $0.06 — a large 158.9% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates WBD Sell at 3.5/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +158.9% surprise compares with a -942.3% four-quarter average. Next scheduled report: 2026-11-05.
What argues against it
- Target reached (-8.2% upside)
- Quality below floor (2.8 < 4.0)
- Momentum score 3.8/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $28.25
- Price target
- $32.49
- Stop
- $27.61
- Upside to target
- +15.0%
Model outputs from TrendMatrix’s engine as of 2026-09-06 — shown for context, not personalized investment advice.
WBD at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Entertainment
- Market cap
- $70.83B
- P/E (fwd)
- 403.6
- 52-week range
- $11.77–$30.00
- Off 52-week high
- 5.8%
- RSI (14)
- 56
- Volume vs avg
- 0.63×
- Score today
- 3.5/10